Life Insurance of India (NSE:LICI) Scaled Net Operating Assets : 0.00 (As of Dec. 2023)

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What is Life Insurance of India Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Life Insurance of India's operating assets for the quarter that ended in Dec. 2023 was ₹0 Mil. Life Insurance of India's operating liabilities for the quarter that ended in Dec. 2023 was ₹0 Mil. Life Insurance of India's Total Assets for the quarter that ended in Sep. 2023 was ₹49,244,956 Mil. Therefore, Life Insurance of India's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.00.

Life Insurance of India Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Life Insurance of India's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Mar. 2023 )
=	(Operating Assets (A: Mar. 2023 )	-	Operating Liabilities (A: Mar. 2023 ))	/	Total Assets (A: Mar. 2022 )
=	(45329927.57	-	45321413.861)	/	42540589.339
=	0.00

where

	Operating Assets		(A: Mar. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	45784913.543	-	454985.973
=	45329927.57

	Operating Liabilities		(A: Mar. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	45321413.861	-	0	-	0
=	45321413.861

Life Insurance of India's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Dec. 2023 )
=	(Operating Assets (Q: Dec. 2023 )	-	Operating Liabilities (Q: Dec. 2023 ))	/	Total Assets (Q: Sep. 2023 )
=	(0	-	0)	/	49244955.558
=	0.00

where

	Operating Assets		(Q: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	0	-	0
=	0

	Operating Liabilities		(Q: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	0	-	0	-	0
=	0

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Life Insurance of India (NSE:LICI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Life Insurance Corporation of India (NSE:LICI) » Definitions » Scaled Net Operating Assets

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Traded in Other Exchanges

543526:India

Address

Jeevan Bima Marg, Central Office, Yogakshema, Nariman Point, Mumbai, MH, IND, 400021

Website

https://www.licindia.in

Life Insurance Corporation of India is engaged in providing life insurance in India. The company offers diversified product portfolio covering various segments across individual products and approximately 178 group products.